Novra Technologies Stock Analysis
| NVRVF Stock | USD 0.09 0.01 11.20% |
Novra Technologies has over 2.49 Million in debt which may indicate that it relies heavily on debt financing. Novra Technologies' financial risk is the risk to Novra Technologies stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Novra Technologies' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Novra Technologies' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the OTC Stock is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Novra OTC Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Novra Technologies' stakeholders.
For many companies, including Novra Technologies, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Novra Technologies, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Novra Technologies' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Novra Technologies' debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Novra Technologies is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Novra Technologies to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Novra Technologies is said to be less leveraged. If creditors hold a majority of Novra Technologies' assets, the OTC Stock is said to be highly leveraged.
Novra Technologies is overvalued with Real Value of 0.0585 and Hype Value of 0.0567. The main objective of Novra Technologies otc analysis is to determine its intrinsic value, which is an estimate of what Novra Technologies is worth, separate from its market price. There are two main types of Novra Technologies' stock analysis: fundamental analysis and technical analysis.
The Novra Technologies otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Novra Technologies' ongoing operational relationships across important fundamental and technical indicators.
Novra |
Novra OTC Stock Analysis Notes
About 18.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.04. Novra Technologies had not issued any dividends in recent years. Novra Technologies Inc., together with its subsidiaries, provides hardware, software, and services for the distribution of satellite data in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company was founded in 2000 and is headquartered in Winnipeg, Canada. Novra Technologies operates under Communication Equipment classification in the United States and is traded on OTC Exchange.The quote for Novra Technologies is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Novra Technologies contact Harris Liontas at 204 989 4724 or learn more at https://www.novra.com.Novra Technologies Investment Alerts
| Novra Technologies is way too risky over 90 days horizon | |
| Novra Technologies has some characteristics of a very speculative penny stock | |
| Novra Technologies appears to be risky and price may revert if volatility continues | |
| Novra Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Novra Technologies has accumulated 2.49 M in total debt with debt to equity ratio (D/E) of 8.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Novra Technologies has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Novra Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Novra Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novra Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novra to invest in growth at high rates of return. When we think about Novra Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.21 M. Net Loss for the year was (118.75 K) with profit before overhead, payroll, taxes, and interest of 2.4 M. | |
| About 18.0% of Novra Technologies outstanding shares are owned by corporate insiders |
Novra Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novra Technologies's market, we take the total number of its shares issued and multiply it by Novra Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Novra Profitablity
Novra Technologies' profitability indicators refer to fundamental financial ratios that showcase Novra Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Novra Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Novra Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Novra Technologies' profitability requires more research than a typical breakdown of Novra Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.07) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.07. Technical Drivers
As of the 5th of March, Novra Technologies secures the Downside Deviation of 16.46, mean deviation of 5.17, and Risk Adjusted Performance of 0.1104. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Novra Technologies, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Novra Technologies, which can be compared to its peers in the industry. Please verify Novra Technologies jensen alpha and downside variance to decide if Novra Technologies is priced some-what accurately, providing market reflects its recent price of 0.088 per share. As Novra Technologies appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.Novra Technologies Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Novra Technologies changes than the simple moving average.
Novra Technologies Predictive Daily Indicators
Novra Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Novra Technologies otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 0.088 | |||
| Day Typical Price | 0.088 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 100.0 |
Novra Technologies Forecast Models
Novra Technologies' time-series forecasting models are one of many Novra Technologies' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Novra Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Novra Technologies Debt to Cash Allocation
Many companies such as Novra Technologies, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Novra Technologies has accumulated 2.49 M in total debt with debt to equity ratio (D/E) of 8.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Novra Technologies has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Novra Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Novra Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novra Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novra to invest in growth at high rates of return. When we think about Novra Technologies' use of debt, we should always consider it together with cash and equity.Novra Technologies Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Novra Technologies' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Novra Technologies, which in turn will lower the firm's financial flexibility.About Novra OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Novra Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Novra shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Novra Technologies. By using and applying Novra OTC Stock analysis, traders can create a robust methodology for identifying Novra entry and exit points for their positions.
Novra Technologies Inc., together with its subsidiaries, provides hardware, software, and services for the distribution of satellite data in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company was founded in 2000 and is headquartered in Winnipeg, Canada. Novra Technologies operates under Communication Equipment classification in the United States and is traded on OTC Exchange.
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When running Novra Technologies' price analysis, check to measure Novra Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novra Technologies is operating at the current time. Most of Novra Technologies' value examination focuses on studying past and present price action to predict the probability of Novra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novra Technologies' price. Additionally, you may evaluate how the addition of Novra Technologies to your portfolios can decrease your overall portfolio volatility.
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